Jump to content
Attention: In order to reply to messages, create topics, have access to other features of the community you must sign up for an account.
Sign in to follow this  
Around the Horn

Siemens, Bombardier Said in Talks to Combine Rail Units

Recommended Posts

Some interesting news from Bloomberg, with possible ramifications for the R179 and R211 orders...

 

If this were to go through, CRRC is effectively out of the running for the R211 since their bid was joint with Bombardier...

 

A brief fair use quote:

Siemens AG and Bombardier Inc. are in talks to combine their rail operations, according to people familiar with the matter, potentially creating a business that could better fend off increasing competition from China.

The proposed joint venture, which could be worth at least 10 billion euros ($10.6 billion), would merge the firms’ train-making and signaling activities, said the people, asking not to be identified because the discussions are private. A deal could come by the middle of the year, one of the people said.

 

No final decisions have been made and any combination would require clearance from antitrust authorities and face potential opposition from unions, they said. Representatives for Siemens, which has headquarters in Munich, and Montreal-based Bombardier declined to comment.

 

https://www.bloomberg.com/news/articles/2017-04-11/siemens-bombardier-said-in-talks-to-combine-train-operations

Edited by Around the Horn

Share this post


Link to post
Share on other sites

Some interesting news from Bloomberg, with possible ramifications for the R179 and R211 orders...

 

If this were to go through, CRRC is effectively out of the running for the R211 since their bid was joint with Bombardier...

 

Not really. Competing manufacturers do business together all the time.

 

You also have to consider that it will take more than just a couple of lawyers and a snap of the fingers to merge the two units together.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.